Key Facts
Seaborne fines rise Mysteel’s 61% Fe fines index for seaborne iron ore rose US$0.95 to US$98.00 per dry metric tonne on Wednesday, August 26, 2026.
Vale ADR Vale’s New York-listed shares closed at US$15.16, a decline of 1.11% against the previous session.
China’s domestic contract The most-traded Dalian iron ore contract (I2701) closed at CNY 720 per tonne, up 0.49% — about US$107 at 6.72 yuan per dollar on August 26.
Seaborne range Iron ore has traded in a narrow US$93 to US$100 range since June 2026, reinforcing a market in consolidation.
